Hey George, when did you get a car? I didn't have a car at your age.
My coins are worth more than my car. Each year, the car goes down in value a little and the coins go up. I'd much rather have a luxury coin, than a luxury car. Very few car are special enough to maintain their values.
My 1987 Volvo station wagon still runs like a champ, 4.5 years after I acquired it for $1. It's bluebook value is less than my #2 set of Barber Dimes, and about 7% of the value of my coin collection.
The easy answer is that my coins are worth more than my car.
Even when I factor in repairs, licensing, and insurance, I have spent less on my car than on coins in the last 5 years. My car has allowed me to take vacations, business trips, find two jobs, and commute to them. As far as return on investment goes, my car is the better investment.
However, as much as I like my old Volvo, I don't find myself staying up into the wee hours conversing with other drivers of old Volvos. It is like a comfortable old pair of work shoes.
This was not always the case. In high school I bought a beater 1960 Cadillac convertible for $250. In college I bought a 1962 Studebaker Hawk. At the same time I was buying low grade raw coins to fill holes in my Whitman folders. Since then, I have bought "reliable transportation" and some better coins. Today my much improved collection would barely buy back my first two cars.
If I were still looking for "chick magnets" I'd gladly get rid of the Volvo and my coins for the Cadillac convertible and the Studebaker, and would collect Franklin Halves instead of Barber Dimes and very low grade type coins.
"Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
As a Mercateer, I have about 75% of my coin set completed and 100% of my car set, ML320 and 230 Kompressor completed. I guess I would have to say cars, but I hope it will be the other way in the future.
Retired United States Mint guy, now working on an Everyman Type Set.
My coins by a very wide margin. That was even true when I bought my car new, a Buick Park Avenue Ultra, back in 1999.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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mcinnes@mailclerk.ecok.edu">dmcinnes@mailclerk.ecok.edu
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On the other hand, I'm making installment payments on my wife's car but not my coins.
Obscurum per obscurius
My coins are worth more than my car. Each year, the car goes down in value a little and the coins go up. I'd much rather have a luxury coin, than a luxury car. Very few car are special enough to maintain their values.
FrederickCoinClub
The car with the least miles 60K miles is also the oldest; a 1987 Buick. Waiting for it to become a classic car to save on insurance premiums!
Now, how can any of them be worth more than anyone's coin collection?
The easy answer is that my coins are worth more than my car.
Even when I factor in repairs, licensing, and insurance, I have spent less on my car than on coins in the last 5 years. My car has allowed me to take vacations, business trips, find two jobs, and commute to them. As far as return on investment goes, my car is the better investment.
However, as much as I like my old Volvo, I don't find myself staying up into the wee hours conversing with other drivers of old Volvos. It is like a comfortable old pair of work shoes.
This was not always the case. In high school I bought a beater 1960 Cadillac convertible for $250. In college I bought a 1962 Studebaker Hawk. At the same time I was buying low grade raw coins to fill holes in my Whitman folders. Since then, I have bought "reliable transportation" and some better coins. Today my much improved collection would barely buy back my first two cars.
If I were still looking for "chick magnets" I'd gladly get rid of the Volvo and my coins for the Cadillac convertible and the Studebaker, and would collect Franklin Halves instead of Barber Dimes and very low grade type coins.